The latest update is out from Sleep Number ( (SNBR) ).
On April 25, 2025, Sleep Number Corporation eliminated the role of Executive Vice President and Chief Innovation Officer, previously held by Annie Bloomquist, as part of a broader organizational redesign. Bloomquist will serve in an advisory role until May 31, 2025, to aid in the transition. The company announced changes to its Executive Leadership Team to enhance efficiency and accountability, with new roles and responsibilities aimed at strengthening company performance and improving customer engagement. These changes are intended to streamline decision-making and better position the company to respond to industry and macroeconomic shifts.
Spark’s Take on SNBR Stock
According to Spark, TipRanks’ AI Analyst, SNBR is a Neutral.
Sleep Number’s overall stock score reflects significant financial challenges, especially negative profitability and high leverage. The weak technical indicators and unattractive valuation further weigh down the score. While the earnings call and new CEO appointment offer some positive developments, they are not sufficient to offset the primary concerns.
To see Spark’s full report on SNBR stock, click here.
More about Sleep Number
Sleep Number is a sleep wellness company focused on improving health and wellbeing through high-quality sleep solutions. The company offers a smart bed ecosystem that provides personalized sleep and health insights, with innovations like the Climate360® smart bed. Sleep Number operates a vertically integrated business model with direct-to-consumer sales through nearly 640 stores and online, supported by 3,600 team members.
YTD Price Performance: -50.50%
Average Trading Volume: 711,071
Technical Sentiment Signal: Strong Buy
Current Market Cap: $167.7M
For an in-depth examination of SNBR stock, go to TipRanks’ Stock Analysis page.